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Nigeria’s petrol price in top range among OPEC peers
FG’s import tariff sets new benchmark for Dangote, others Sopuruchi ONWUKA With the 15 percent tariff slammed on imported petrol and diesel, the domestic petroleum market may have lost price stabilizing force; allowing Dangote and other smaller local refiners to…
Komolafe tasks Bank of America on oil production financing
Sopuruchi Onwuka The Nigerian Upstrean Petroleum Regulatory Commission (NUPRC) has charged the Bank of America to assist the global push for energy security by prioritizing financing support for Nigeria’s upstream sector. Commission Chief Executive, Engr Gbenga Komolafe, who hosted visiting…
Fuel import tariff: Dangote declares readiness for supply challenge
Pledges price stability during Yuletide festivities Sopuruchi Onwuka Africa’s leading petroleum refiner, Dangote Petroleum Refinery, has restated it resolve to sustain steady flow of key transportation fuels in the domestic market, assuring that its plant output capacity currently exceeds immediate…
NLNG targets young Nigerians with $20K Creative Arts Prize
Sopuruchi Onwuka Nigeria LNG Limited (NLNG) has unveiled The Nigeria Prize for Creative Arts, a new category under its flagship Nigeria Prizes, designed to empower young Nigerian filmmakers to tell authentic stories that redefine the country’s image and global perception….
Seplat Energy posts princely N3.356 trn revenue in Q3 2025
Pumps output 185% to135,636 boepd Sopuruchi Onwuka Leading Nigerian independent energy company, Seplat Energy Plc, has reported outstanding financial and operational performance for the first nine months of 2025, attributing its strong results to higher production volumes, robust cash generation,…
TotalEnergies charges contractors to enhance industry safety
Sopuruchi Onwuka Industry contractors, who bear greater responsibility for oilfield workers’ safety and environmental impact mitigation, must collaborate closely with operating companies to uphold health, safety, security, social, and environment (HSSSE) standards. TotalEnergies made this call in a media release…
Seplat Energy urges preparedness for retiring media professionals
Seplat Energy Plc, leading Nigerian independent energy company, has held the 2025 Annual Media Training Programme in Abuja, in line with the company’s commitment to media excellence, entrepreneurship and economic well-being. The training programme which had in attendance 50 journalists,…
NERC marks 20 years of regulating electricity sector
Sopuruchi Onwuka The Nigerian Electricity Regulatory Commission (NERC) has announced plans to commemorate its 20th anniversary, marking two decades of regulatory oversight and policy reforms that have shaped the Nigerian Electricity Supply Industry (NESI). Established on October 31, 2005, under…
OTL: Oyebanji calls for energy policies that guarantee economic stability
Sopuruchi Onwuka The Chairman of the OTL Africa Downstream Advisory Board, Otunba Adetunji Oyebanji, has called on government to design an energy security programme that transcends fuel availability to economic stability. He called for building a balanced system where local…
COP30 to shift debate from energy transition to energy mix _Lokpobiri
Africa’s $120b worth of oil reserves threatened by climate action Says climate action has hit economic crisis Sopuruchi Onwuka African delegates to the 30th Conference of Parties (COP) of the United Nations Framework Convention on Climate Change (UNFCCC) will not…
